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Workers at the former CUNA Mutual Group in Madison, Wisconsin, returned to work after securing tentative agreements on two of their five key demands.

Hafize Gaye Erkan, who resigned in early 2022 as co-CEO of the since-failed First Republic Bank in the U.S., is said to have met with Turkey's newly appointed finance minister after emerging as a potential candidate for the job of running the country's central bank.

The 50 companies that made American Banker's annual list share insights into what makes their workplace culture enticing for potential new hires and current staff members.

The regulator alleges the crypto firm flouted investor protection rules by operating unregistered exchanges, misrepresenting trading controls and selling unregistered securities, among other violations. 

The parent of the $1.1 billion-asset CBI Bank & Trust said it would buy McLaughlin Holding and its SENB Bank unit.

The blockchain company bets its experience with cross-border payments is transferable to stablecoins and central bank digital currencies.

If history is any guide, periods of disruption in the industry are followed by regulatory resets, which in turn force banks to compete for the talent needed to meet new compliance demands.

Both loan demand and credit availability have contracted sharply, according to senior executives at several of the nation's largest banks. Their comments came against the specter of a potential recession.

For banks already dealing with higher funding costs, renewed competition from government-backed securities could bring more pain.

Citi research strategists say crypto markets were not immune to fears of the U.S. defaulting on its debt.